AXIS - ICICI - SBI - TATASTEEL - RELINFRA - RELCAPITAL ANALYSIS FOR 22/06/12

LAST CLOSE @ 1025

RESISTANCE @ 1029 - 1039 - 1050

SUPPORT @ 1015 - 1005 - 994

TECHNICALLY STRONG

IF BULLS CAN TRADE ABOVE 1015....TRY TO HIT 1040 - 1043 LEVELS IN INTRADAY.???

TRADING AND CLOSING BELOW 1015....MAY LEAD TO 994 - 990 LEVELS..

LAST CLOSE @ 850

RESISTANCE @ 855 - 858- 865

SUPPORT @ 839 - 827 - 822

SUPPOSE PRICE TRADE ABOVE 840....WILL TAKE TO 865- 870 LEVEL SOON..

BELOW 840...MAY HIT 825 LEVEL...

LAST CLOSE @ 2178

RESISTANCE @ 2190 - 2212 - 2219 

SUPPORT @ 2150 - 2137 - 2121

IF PRICE TRADE BELOW 2178....BEARS MAY TRY TO KISS 2147.

SUPPOSE BULLS CAN TRADE AND SUSTAIN ABOVE 2178.....NEXT TARGET MAY BE

 2195 - 2219 LEVELS.

CLOSING ABOVE 2140 ... WE CAN SEE .....................LEVELS IN COMING DAYS..?????

LAST CLOSE 430

IF BULLS CAN CLOSE ABOVE 428......NEXT TARGET MAY BE 445...????

MAIN SUPPORT @ 427 - 421

LAST CLOSE @ 535

TRADE ABOVE 535....WE CAN SEE 546 INTRADAY TARGET..

CLOSING ABOVE 546.......NEXT TARGET MAY BE 555 - 563

MAIN RESISTANCE @ 546

MAIN SUPPORT @ 506

LAST CLOSE @ 345

TRADE ABOVE 345....WE CAN SEE 355 - 358 LEVELS VERY SOON.

MAIN SUPPORT @ 330 - 321

SELL AXIS BANK BELOW 1000 FOR 21/06/12

LAST CLOSE 1001

SELL BELOW 1000

STOP LOSS 1007

TARGET 994 - 990 - 982

MADE LOW 990

SUBJECT TO DISCLAIMER

SBI - RELINFRA ANALYSIS FOR 21/06/12

LAST CLOSE @ 2117

RESISTANCE @ 2127 - 2136 - 2150

SUPPORT @ 2099 - 2084 - 2061

SUPPOSE TRADING BELOW 2117....WITH VOLUME FOR 10- 15 MINUTES.....BEARS MAY TRY TO HIT 2084 IN INTRADAY.

CLOSING BELOW 2084.....MAY HELP BEARS...... TO SLIDE PRICE UPTO  2055 - 2037 LEVELS..

LAST CLOSE @ 515

RESISTANCE @ 520 - 524 - 530

SUPPORT @ 509 - 506 - 501

TRADING ABOVE 495....NO PROBLEM FOR BULLS

MAIN SUPPORT @ 491

MAIN RESISTANCE @ 535

BUY RELIANCE INFRA ABOVE 506

LAST CLOSE 506

BUY ABOVE 506

STOP LOSS 502

TARGET 517 - 524

MADE HIGH 519.50

SUBJECT TO DISCLAIMER

NIFTY FUTURE STRATEGY FOR 20/06/12

LAST CLOSE @ 5111

RESISTANCE @ 5124 - 5139 - 5145 - 5156

SUPPORT @ 5080 - 5070 - 5056 - 5047

TRADING ABOVE 5070....NO PROBLEM FOR BULLS

MAIN SUPPORT @ 5011

MAIN RESISTANCE @ 5191

SBI - AXIS - ICICI BANK ANALYSIS FOR 20/06/12

LAST CLOSE @ 827

RESISTANCE @ 834 - 839 - 848

SUPPORT @ 808 - 805 - 796

TECHNICALLY STRONG

IF BULLS CAN TRADE AND CLOSE ABOVE 815.....WE CAN SEE 860  - 870 LEVELS VERY SOON..?????

CAN BULLS HIT 840 - 848 IN INTRADAY..????

LAST CLOSE @ 2101

RESISTANCE @ 2116 - 2133 - 2150 - 2168

SUPPORT @ 2084 - 2061 - 2056 - 2038

NO PROBLEMS FOR BULLS ,......IF BULLS CAN TRADE ABOVE 2105....OTHERWISE PRICE MAY SLIDE TO 2085....2061 LEVELS.

LAST CLOSE @ 1002

RESISTANCE @ 1005 - 1013 - 1017 - 

SUPPORT @ 990 - 983 - 975

FRESH LONG ONLY ....IF PRICE CAN CLOSE ABOVE 1013 LEVEL..

TRADING BELOW 1005 INDICATES WEAKNESS.....MAY SLIDE TO 990 -982 LEVELS.

SELL ICICI BANK BELOW 816 FOR 19/06/12

LAST CLOSE @ 

SELL BELOW 816

STOP LOSS 823

TARGET 810 - 805-796 

MADE LOW 808

SUBJECT TO DISCLAIMER

NIFTY FUTURE STRATEGY FOR 19/06/12

LAST CLOSE @ 5059 

RESISTANCE @ 5073 - 5090 - 5124 - 5139

SUPPORT @ 5031 - 5022 - 5011 - 4981

TRADING AND CLOSING BELOW 5060.....EXPECT BEARS MAY EXTENT THE FALL AND KISS UPTO 4981 - 4973 LEVELS....

MAIN SUPPORT @ 5011

MAIN RESISTANCE @ 5071 - 5077 LEVELS.

AXIS - SBI - TATA MOTORS - RELINFRA ANALYSIS FOR 19/06/12

LAST CLOSE @ 1000

RESISTANCE @ 1008 - 1012 - 1017

SUPPORT @ 990 - 984 - 964

TECHNICALLY WEAK

FRESH BUY POSITION ONLY ABOVE  1010 LEVEL.

TRADING AND CLOSING BELOW 990....MAY LEAD TO  FALL UP TO 964 - 944 LEVELS.

LAST CLOSE @ 2088

RESISTANCE @ 2096 - 2133 - 2144 - 2156

SUPPORT @ 2082 - 2061 - 2038 - 2017

TECHNICALLY WEAK ....IF PRICE TRADE BELOW 2088.

TRADING BELOW 2088....EXPECT NON STOP SLIDE UPTO 2028 - 2008 LEVELS..

ULTIMATE TARGET 1975...???

LAST CLOSE @ 238

RESISTANCE @ 244 - 248

SUPPORT @ 232 - 228 - 225

TRADING BELOW 245.....NEGATIVE FOR BULLS

GO LONG ONLY ABOVE 248 LEVEL

MAIN SUPPORT @ 217

MAIN RESISTANCE @ 245 & 248

LAST CLOSE @ 503

RESISTANCE @ 517 - 525 - 530

SUPPORT @ 498 - 493 - 488

CLOSING BELOW 497....MAY SEE PANIC UPTO 489 - 474 LEVELS

BUY AXIS BANK ABOVE 1033

LAST CLOSE @ 1033

BUY ABOVE 1033

STOP LOSS 1020

TARGET 1053 - 1065 - 1072

MADE HIGH 1050.90

BANKING POLICY REACTION